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Topic: Why Bitcoin will be the safest investment (Read 1504 times)

member
Activity: 490
Merit: 10
Platform for Cross Chain Fundraising
October 10, 2018, 04:47:34 PM
Bitcoin is the safest investment because it was already proven and tested. It is already popular and have many numbers of supporters and investors joining and invested in bitcoin.
sr. member
Activity: 812
Merit: 256
October 11, 2018, 01:18:20 AM
The prices of bitcoin and altcoin are very volatile, so I never thought it was a safe investment. It was considered to be a risky investment and an attractive return if successful.
member
Activity: 504
Merit: 10
October 11, 2018, 12:11:27 AM
Bitcoin become safest investment when bitcoin price is growing up day by day until we when we have sell it, but after investing at bitcoin price more drop and we have lost investment its more risk to do.
hero member
Activity: 1596
Merit: 502
October 11, 2018, 12:01:49 AM
bitcoin can be one of the safest choices for investment but has a very high risk, the risk that might be gained from this bitcoin investment is when the selling price of bitcoin falls and becomes worthless then it will make a lot of losses when installing in bitcoin, even though it is the safest but it still has a terrible risk.
full member
Activity: 211
Merit: 100
October 10, 2018, 11:33:43 PM
In my idea also same and BTC will be More profitable invest if you invest right time. BTC limited supply is most important I guess.  BTC have strong support and Next bull run will make it more than $20K price soon
member
Activity: 193
Merit: 10
October 10, 2018, 11:31:18 PM
I think bitcoin is not safer than you thinking because hackers can access the BITCOIN any move in internet hackers can access it so i think there's no safe in BITCOIN investment unlike other in company company no one hackers can access that depends on the company but there's many company are not safe to invest unlike BITCOIN my point is Bitcoin is in internet so hackers can access that no one in the internet are safe.
member
Activity: 714
Merit: 14
October 10, 2018, 11:24:01 PM
Bitcoin is one of the very few cryptocurrency which is fast growing in popularity. People are becoming more familiar with Bitcoin and as such the demand of Bitcoin will rise some few time to come. Once the demand increases significantly, the value will increase as well which will make it one of the safest and lucrative crypto investment.
full member
Activity: 448
Merit: 100
October 10, 2018, 11:12:23 PM
I am certain that bitcoin will still be the greatest technology of this era and it's going to stay in our history but our investments our still not safe. It's not because it will be failed product but because these wealthy people can use their influence and group together to bring down crypto once and for all.
sr. member
Activity: 1582
Merit: 253
October 10, 2018, 10:52:56 PM
Because bitcoin is the coin with greatest price. Bitcoin is the father of all the coins. Bitcoin went through many tough challenges to survive up to now. There are many people who invest in bitcoin. The bitcoin market is always stable.
what you convey is that the advantages and advantages of bitcoin are not the safest here the safest in what form is the safest in investment without bearing the substantial or safest loss of assets that we have taken people who are not responsible for the security of our investment assets are our own responsibility
full member
Activity: 504
Merit: 100
October 10, 2018, 10:22:53 PM
A lot of crypto fans and investors are now worried about continuous bearish trend for Bitcoin price and other cryptocurrencies this year 2018. And now beginning to doubt  their initial commitment to the Bitcoin ecospace. A lot of people have forgetting the core idea behind the invention of Bitcoin. Most of us have forgetting that Bitcoin was created to challenge the established FIAT system where money can be printed without control and no regards for inflation.

This is entirely not the fault of most of us but it is because of the Bull run Bitcoin has enjoyed so far especially in 2017 where price reaches as high as $20,000. We all got greedy and forgot about the initial ideals behind bitcoin. We all want to cash in the same Fiat currency bitcoin is trying to challenge. This in my opinion is one of the reason why bitcoin price fell this year. We do not fully trust the crypto space yet.

Bitcoin is here to stay and will remain dominant for the future and I still consider it as the most secured investment in this digital age after gold. Below are some of the reasons why I think Bitcoin is a safe investment

1. Bitcoin has already achieved mass adoption though this is subjective . A lot people will now accept bitcoin payment without worrying about how to exchange it.
2. Bitcoin is limited in supply , only 21 Million Bitcoin can ever be created. Out of which 4 million is already lost making it 17 Million.
3. Bitcoin remains dominant in the coinmarketcap with 55% of the entire marketcap
4. Bitcoin current price is still higher than what it is this same time last year

Please I will appreciate if anyone can add reason why they think Bitcoin is a safe investment.

I think bitcoins today are the safest bet for investment since there isn't much volatility to it compared to other tokens and against ethereum, market shares of bitcoins are still ginormous compared to eth. I think bitcoins won't ever be a bubble anymore so invest on it while you still can.
member
Activity: 216
Merit: 17
Xircus
October 10, 2018, 10:19:35 PM
Bitcoin is considered the king of the crypto market. Without bitcoin the crypto would not exist. The entire crypto market depends on the price of the bitcoin. So I think investing in bitcoins will be the safest because altcoin is dependent on bitcoin.
Yes your right for me only bitcoin is still the safest investment, as we know it is always at the top and to this, bitcoin only has the surest high price ever even if its price flactuates, but  i consider this always has the highest value in the market.
full member
Activity: 392
Merit: 100
October 10, 2018, 07:27:12 PM
I don't think think it's really safe because in the first place, bitcoin and cryptocurrency investment is really risky one. You can have your investment at a good value today and have its value cut to half the following day. So if you are really a risk take, then bitcoin can somehow be safe for you at any point.
member
Activity: 118
Merit: 10
October 10, 2018, 07:08:27 PM
I believe that no investment related to matters of digital technology can be considered as a safe investment in the long term, because the very nature of this technology is precisely to innovate, evolve, improve. Several years ago no one would think that the MSN messenger would disappear, or that myspace, hifive or napster would end up falling as well as the Altavista search engine or the Netscape browser, therefore, I do not think the bitcoin technology is enough to ensure a long and promising future for those who decide to bet on it in the long term.
jr. member
Activity: 213
Merit: 1
October 10, 2018, 05:22:03 PM
In a certain way I understand what you are saying and I kinda agree, but I wouldn't state that buying bitcoin is a safe investment, we're still in a early stage, everything could happen, bitcoin is still a risky investment and people shouldn't invest too much if they can't afford it.
member
Activity: 392
Merit: 11
October 10, 2018, 04:56:41 PM
Bitcoins can not be term as a safest investment due to the uncertainty surrounding it. It is best use as a remittance but not an investment. The volatility and risk involve in bitcoins is high than gold or government investment instruments such as bonds and treasury bill.
full member
Activity: 467
Merit: 100
October 10, 2018, 04:38:49 PM
Every day I hear banks been closed because of centralization. Either people run with the investors money or they close the bank down. BCT is the safest and will be the safest investment because of its decentralization and also been based on the blockchain with much security.
full member
Activity: 1316
Merit: 105
October 10, 2018, 04:22:53 PM
I am not sure invest in bitcoin will be safer. We do not know when the price of bitcoin will pump and dump. We can not predict it. Cryptocurrency markets are always fluctuate. Although invest in bitcoin is very risky but more profitable.

may be in future bitcoin will become a safe store of value like gold. now it looks more like speculative asset for earning fast money.
sr. member
Activity: 980
Merit: 252
October 10, 2018, 02:38:08 PM
You were right.People are not ready to accept bitcoin.Everything is now in its infancy and formation.In any case, bitcoin will not disappear and will only gain popularity.As for the safe investment, I can add that the capitalization of bitcoin today is $113 858 537 289.I think this fact already suggests that the money was invested for a reason)It is hardly possible to call it a bubble)
sr. member
Activity: 1050
Merit: 269
October 10, 2018, 01:45:45 PM
Bitcoin is one of the top most currency now.It has the capability to fulfill the demands and need of the investors.Investors are believing in bitcoin because they know that bitcoin is one of the top most currency in the world and in coming decades it will also remain on top.It is considered equal to gold now days.It is one of the trusted currency in the world.So it is suggested to invest in it because it is one of the safest currency as it will surely give profit in future.

It is really more of top hopeful currency to many crypto enthusiast. We will need major government backing to say that it is the world's most sought currency and we all know that bitcoin's bid to being accepted as a legal tender has just begun and will still take more time to go mainstream.
member
Activity: 1764
Merit: 10
October 10, 2018, 01:42:50 PM
I completely agree, bitcoin is already working for a long time without any problems and constantly improves its skills and opens up new opportunities that in the future will guarantee us stability in various conditions, therefore, investments in bitcoin will be more stable in the future than gold and real estate, all this will happen when governments will legalize cryptocurrency. So in the future us wait a lot of new challenges and discoveries.
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